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kms5229

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Consider the sources of the gains from international trade. Governments often implement programs designed to encourage research and development. Such programs may change the comparative advantage of that country because
◦ increases in research and development always lead to an increase in imports.
◦ they will raise the costs of production of the trading partners.
◦ they are expected to lead to improvements in technology.
◦ they are expected to change the endowments of each country.
◦ the opportunity costs of exported products cannot change.


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Marked as best answer by kms5229 on Oct 12, 2022

dadgoere765

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kms5229

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review


smrtceo

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Reply 3 on: Yesterday
:D TYSM

 

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